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What happened?
One of the questions we get most often is what’s a good way to fight inflation through our investments.
After all, Singapore’s headline inflation reached 7% in July. Core inflation, which excluded accommodation and private transport costs, rose to a 13-year high of 4.8% in July, exceeding economists’ expectations.
The Ministry of Trade and Industry (MTI) said that core inflation is “projected to stay elevated over the next few months before it begins to ease towards the end of the year”.
For 2022, the Monetary Authority of Singapore (MAS) has forecast that core inflation will be 3-4%, while headline inflation will be at 5-6%. ...